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  South Philly Pizza shop with Real Estate
Type: Active Restaurant
Selling Price: $ 625,000
Featured: No

More Information
Gross Revenue: 810000
Gross Revenue Comments: If you are looking for an easy to run pizza shop that makes money you have found it...plus you don't have to pay rent any longer. This location is 100% absentee run with a full time manager in place. It does 100% take out or delivery. The majority of the sales are pizza, steaks and wings. They are open 7 days a week and do the majority of their business in the evening. The price also includes the real estate which is a corner building at a busy intersection. The building has 2 one bedroom apartments. A buyer with $100k down could make back his investment in 2 years and own the real estate in the long run. There is over $160k in owner operated cash flow and the building was appraised at $325k
Inventory: 5000 and not included
Cash Flow Comments: Limited advertising and marketing
FF&E: 50000
Seller Financing: none
Year Established: 1980
Employees: 8
Franchise: No
Facilities: Pizza shop is located on the first floor of a corner property at a busy intersection. The equipment is in working condition and there is a full POS system. The shop is approx. 1000 sq. ft. Above the shop are two one bedroom apartments. They are currently rented for $1400.00 per month combined. The property was appraised for $325,000.
Reason for Selling: Absentee owner
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